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0xRyze
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0xRyze
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i downloaded the Ethos extension like 2 months too late cause we were too busy shipping @TeleMafia / [redacted] feel like I missed the whole party and now I have a number next to my name alas. the gamer in me demands a higher score a place on the leaderboard
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gotta be part of the culture also have to post klout(dot)gg before too many users sign up you need a ref code: 0xRyze h/t @beast_ico
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2021 vibes were the best by far. Permissionless yield. Onboarding millions onto new financial rails. Internet native status goods. People playing Axie to buy rice and make magic internet money. Making friends in guilds and on Discord. People bought things. The narratives were cool. Yes there was a strong yield element but there always was. Financial nihilism as a thesis is ok and accurate, but it’s a bit tired. People will opt out. The pokerification of crypto and crypto twitter. Game theory optimized 3 minute token lifecycles, the thanks for playing. I want Thank You for Playing With Me, how about that. It’s possible to reclaim those vibes again. We just have to invest into the right things, things where the velocity of money ends up back into crypto native goods, services and products. The retvrn of trust over trustlessness, (the point of trustlessness = you don’t have to trust, not that you can’t trust anyone), the “layer 0 is people” mindset, which is borne of communities that are built, yes, on trust and faith. Nihilism is action absent of trust and faith. But one must see cathedrals while they lay bricks. Sonzai
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Throwback to 2021 when The @pudgypenguins hit the New York Times
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It’s important to believe in something. I think what’s happened to crypto in the last 2 years with the high float, low FDV, rotational + memecoin meta has been hurtful both for the personal psyche and for the community vibe. Financial nihilism implies the end of belief, it implies the dying stages of an industry, much like looting during riots. A total distraction from belief of “replacing the financial system” or “trustless, permissionless” or “reducing take rates” or “resistance money”. These were the initial reasons a lot of the OGs entered into crypto. Airdrops like Uniswap were actually surprises and not farmed. The focus on individual prosperity reflected in PnLs, ala vape cabals. You might say it’s product market fit but is it PMF if the market eventually gets exhausted and quits? Kelsier exposed that most. So we have to rebuild interesting use cases as a community. And we have to do our best to support things that we can actually believe in. Personally for onchain, I am mostly on Hyperliquid and interacting with that ecosystem, because I can factor out the risk of getting rekt. There’s a difference you can feel in top tier products (h/t @izebel_eth) given that it takes an insane amount of work to make them. I’m always looking out for most new games, and participating and supporting new consumer experiences. On a company level, we’re building @TeleMafia and @PocketMobGame, and working on our new AI game product [REDACTED]. I get to work with smart and passionate people, and learn from mentors who look out for us. It’s still in the early stages, but I’m really happy with where we are, and happy with our growth so far as founders. Believe in something, it’s good for you. Even better, build something “insanely great”; work with smart and energetic people, and then your happiness and fulfillment will never be strictly tied to the PnL
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